it's hexed...., page-7

The point is that from time to time positive momentum pops up (e.g. after good news) but then the news flow just stops. The SP loose ground and then we start again more or less from scratch.

That's the case at the moment. Probably from a fundamental view the company is undervalued but just because nobody knows what's going to happen in the next few weeks or months and the news flow is rather poor nobody really want's to buy.

Unfortunately even if a good accouncement would be made (e.g. silver extraction in Perkoa or ressources upgrade or what ever) the effect is near to zero or in other words: you might see 10-15-20 % plus in the SP and then 4 weeks later you are at the same level like today.

It really seems that we have to wait till production starts AND till the first cash comes in....then we will know if the fundemantal assumptions were correct. So we are talking of another 12-18 if not 24 month of patience. Obviously to much for certain investors.

I think that the Mumbwa story was keeping alive the imagination of having a possible multibagger in the portfolio. Meanwhile it seems to be clear that BHP came to the conclusion that Mumbwa is or never will be a giant....if Kitumba is all we have, then at least in my view, setting up an operation there under the given circumstances is rather a no go.

Overall the management team made a great job but in regard of marketing and news flow they were just to conservative.

Might be that the Mumbwa story could be an exciting one again. But then Scott or the other man that the have taken over from BHP finally should no put the cards on the table and talk about possible scenarios....I can not imagine that after someting of 20-30 years of different drilling campaigns they just know that Mumbwa is a IOCG deposit...they must have more informations or indications what could be possible. This is also something that frighten me a little bit. Could it be that BHP had respectively has the full picture and that there is nothing (except Kitumba) ? If this would be the case then this would not be good news. You know..just telling me that Mumbwa and Kitumba and bla bla bla is still not enough. I want to see some underlying facts, some thought, scenarios...something more tangible.

I still ask myself why Glencore jumped in. Just because of Perkoa ? In a zinc market that at the moment is confronted with a oversupply ? Or just tactical background to secure "cheap" zinc from this part of the world ? Let's be honest: at the moment Glencore is preparing a 16 billion take over in Kazachstan, so why buy BTR shares ? Just because of Perkoa ? Give me a break....

So...BHP is gone, Glencore is there and know I would like to know why respectively how the story looks like as a whole.

I don't like this strategic options stuff discussions. I would like to see a more or less steady news flow and some more insights. Without that more shareholdes will loose their faith and just sell....and for the long term holders this is not a good development. Going from 70 to 50 to catch up again to 65 is not really what I want to see. Especially not after 4 or 5 years of holding and topping up....and believing in the story.